2y ago

Walmart says it is not advertising on social platform X

www.reuters.com

Walmart says it is not advertising on social platform X::Walmart said on Friday it is not advertising on social media platform X, one of the latest brands to say it has dropped the Elon Musk-owned site.

19 comments

Walmart is still a shitty company that needs to get fucked and die.
- I stopped shopping there years ago and I forgot why. Can you remind me? I think it was wage based or because they decimate local business, but I can't remember and still won't shop there.
  
  For me it’s how they treat their employees. Remember when they got caught taking life insurance policies out on their employees? Shits fucked
- After their last anti gun policy, I banned their products from my house.
  They also drive out all other jobs from small communities.
  
  Walmart is anti-gun?
Elon saying that advertisers are blackmailing him is literally the stick in the bicycle wheel meme.
It's not blackmail Elon, it's business. No one wants to do business with your shit heap of a platform.
- It's weird that he thinks of it as "blackmail" though, and a thing that's happening to "him".
  Blackmail is when someone has damning evidence against you and they threaten to release it unless you do what they want.
  We saw the damning evidence. It's been released. This is the reaction.
  
  Yeah true. This isn't blackmail, it's just the consequences of his actions
- As much as I don't like "cancel culture," there is validity to discontinuing business with shitty companies. Elon is filling Twitter with shit birds.
  
  It's not cancel culture though.
lol way to go D'Elon, even Walmart doesn't want to be associated with you.
This is the best summary I could come up with:
Dec 1 (Reuters) - Walmart (WMT.N) said on Friday it is not advertising on social media platform X, one of the latest brands to say it has dropped the Elon Musk-owned site.
The platform has struggled to retain advertisers since Musk acquired the company in October 2022, and faced a fresh exodus in recent weeks over rising concern about antisemitic content.
The user had also referenced the "Great Replacement" conspiracy theory, which purports that Jewish people and leftists are engineering the ethnic and cultural replacement of white populations with non-white immigrants that will lead to a "white genocide."
Musk apologized for his post during an interview at a New York Times DealBook event on Wednesday, but hurled expletives against advertisers that suspended their ads, accusing them of "blackmail."
An executive at a major ad-buying agency, who declined to be named, said X ad sales representatives appeared frustrated in the aftermath of Musk's outburst against brands and did not have much to say in conversations.
Major brands including Apple (AAPL.O), Walt Disney (DIS.N) and Warner Bros Discovery (WBD.O) also suspended their ads on X this month following a report from liberal watchdog group Media Matters, which said ads had appeared next to antisemitic posts.
The original article contains 267 words, the summary contains 203 words. Saved 24%. I'm a bot and I'm open source!
I'm more interested in the fact that the waltons divulged something around 5.36 Billion USD with multiple family members liquidating their entire walmart holdings.
https://www.marketbeat.com/stocks/NYSE/WMT/insider-trades/

19 comments